Planet Image International (Planet Image International) Change In Receivables : $-6.4 Mil (TTM As of Dec. 2023)

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What is Planet Image International Change In Receivables?

Planet Image International's change in receivables for the quarter that ended in Dec. 2023 was $-0.1 Mil. It means Planet Image International's Accounts Receivable increased by $0.1 Mil from Jun. 2023 to Dec. 2023 .

Planet Image International's change in receivables for the fiscal year that ended in Dec. 2023 was $-6.4 Mil. It means Planet Image International's Accounts Receivable increased by $6.4 Mil from Dec. 2022 to Dec. 2023 .

Planet Image International's Accounts Receivable for the quarter that ended in Dec. 2023 was $31.3 Mil.

Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed. Planet Image International's Days Sales Outstanding for the six months ended in Dec. 2023 was 75.15.

In Ben Graham's calculation of liquidation value, Apple Inc's Accounts Receivable are only considered to be worth 75% of book value. Planet Image International's liquidation value for the six months ended in Dec. 2023 was $-19.8 Mil.

Planet Image International Change In Receivables Historical Data

The historical data trend for Planet Image International's Change In Receivables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Planet Image International Change In Receivables Chart

Planet Image International Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Receivables

-0.37

-5.92

-1.92

1.93

-6.39

Planet Image International Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Receivables	Get a 7-Day Free Trial				-5.31	2.36	-0.43	-6.24	-0.15

Planet Image International Change In Receivables Calculation

Change In Accounts Receivable relative to the previous period. It is any increase or decrease in the cash a company is owed by its customers.

Change In Receivables for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-6.4 Mil.

Planet Image International (NAS:YIBO) Change In Receivables Explanation

1. Accounts Receivable are created when a customer has received a product but has not yet paid for that product. Days Sales Outstanding measures of the average number of days that a company takes to collect revenue after a sale has been made. It is a financial ratio that illustrates how well a company's Accounts Receivable are being managed.

Planet Image International's Days Sales Outstanding for the quarter that ended in Dec. 2023 is calculated as:

	Days Sales Outstanding
=	Accounts Receivable	/	Revenue	*	Days in Period
=	31.302	/	76.017	*	91
=	75.15

2. In Ben Graham's calculation of liquidation value, Planet Image International's accounts receivable are only considered to be worth 75% of book value:

Planet Image International's liquidation value for the quarter that ended in Dec. 2023 is calculated as:

	Liquidation Value
=	Cash, Cash Equivalents, Marketable Securities	-	Total Liabilities	+	(0.75 * Accounts Receivable)	+	(0.5 * Total Inventories)
=	45.126	-	97.156	+	0.75 * 31.302	+	0.5 * 17.451
=	-19.8

Planet Image International Change In Receivables Related Terms

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Planet Image International (Planet Image International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Planet Image International Ltd (NAS:YIBO) » Definitions » Change In Receivables

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 756 Guangfu Road, Hi-tech Development Zone, Jiangxi Province, Xinyu, CHN

Website

http://www.goaster.com

Planet Image International Ltd is engaged in manufacturing and selling compatible toner cartridges. It develops and manufactures toner cartridges that are compatible with, and can be used in, a wide range of commonly available models of laser printers from different manufacturers, or compatible toner cartridges, on a white-label or third-party brand basis or under its self-owned brands. The company also sells its branded products through online sales channels under three brands, TrueImage, CoolToner, and AZtech.

Planet Image International (Planet Image International) Headlines

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